XML 68 R27.htm IDEA: XBRL DOCUMENT

Income (Loss) Per Share (Tables)

9 Months Ended

Mar. 31, 2014

Income Loss Per Share Tables

Schedule of Income (Loss) Per Share Basic and Diluted

The computation for basic and diluted loss per share are described in the following table:

		(Unaudited)								(Unaudited)
		Three months ended								Nine months ended
		March 31,								March 31,
		2014				2013				2014				2013

Net income (loss)		$	(133,322	)		$	217,094			$	(415,700	)		$	459,087

Weighted average common shares outstanding:
Basic			14,292,976				11,883,042				13,905,376				11,818,408

Effect of dilutive securities:
Options to purchase common stock			—				—				—				1,092
Restricted stock units			—				834,700				—				834,700
Common stock warrants			—				—				—				17,272
Diluted			14,292,976				12,717,742				13,905,376				12,671,472

Earnings (Loss) per common share:
Basic		$	(0.01	)		$	0.02			$	(0.03	)		$	0.04
Diluted		$	(0.01	)		$	0.02			$	(0.03	)		$	0.04

Excluded from computation:
Options to purchase common stock			654,158				600,645				654,158				599,553
Restricted stock units			856,300				—				856,300				—
Common stock warrants			2,127,230				3,756,771				2,127,230				3,739,499
			3,637,688				4,357,416				3,637,688				4,339,052